In the Budget announcement, significant changes were outlined with specific dates for implementation. The Mirror has compiled a list of key dates for all major changes to take effect.
Alcohol prices will see an increase as alcohol duty is set to rise by 3.66% starting from February 2026, following the Retail Price Index (RPI) inflation. This adjustment will result in an additional 11p for a bottle of Prosecco, 13p for a bottle of red wine, and 38p for a bottle of gin, according to the Wine and Spirit Trade Association.
Rail fares in England, which usually increase annually in April, will remain frozen until 2027, as confirmed by the Chancellor. Regulated tickets, including season tickets, anytime day tickets, off-peak tickets, and super off-peak tickets, saw a 4.6% increase earlier this year.
The two-child benefit cap, which restricts families from claiming additional Universal Credit or Tax Credits for their third or subsequent child, will be removed from April 2026.
State pension rates are set to rise by 4.8% from April 2026. This increase will push the full new state pension from £230.25 per week to £241.30 per week.
Various benefit payments, including the Universal Credit standard allowance, will rise in April 2026 in accordance with the previous September rate of inflation. The standard allowance for a single person aged 25 and over will go up from £92 to £98 per week, and for couples, it will increase from £145 to £154 per week.
Car tax will also see an increase in line with RPI inflation from April 2026. The standard annual rate for most cars registered in the UK after April 1, 2017, stands at £195.
Energy bills are expected to decrease by £150 from April 2026, following a pledge by Rachel Reeves to abolish the Energy Company Obligation scheme.
The minimum wage is scheduled to rise from April 2026, with a 4.1% increase for workers aged 21 and over, reaching £12.71 per hour.
NHS prescription costs will be maintained at the current price of £9.90 per item, as confirmed by the Chancellor, despite the usual annual April increases.
The 5p per litre reduction in fuel duty will only be in effect until September 2026, after which it will gradually revert to its original rate.
From April 2027, the annual cash ISA limit for under-65s will be reduced from £20,000 to £12,000, while over-65s will retain the full £20,000 limit, allowing a split between cash and stocks and shares ISAs.
Starting from April 2027, tax rates on savings interest will increase for different taxpayer brackets, with basic-rate taxpayers paying 22%, higher-rate taxpayers paying 42%, and additional rate taxpayers paying 47%.
Landlords will face higher tax rates on property interest from April 2027, with basic-rate taxpayers, higher-rate taxpayers, and additional rate taxpayers seeing an increase in their tax rates.
The threshold for repaying student loans will be frozen from April 2027, affecting those who began their courses between September 1, 2012, and July 31, 2023.
Pensions will become subject to Inheritance Tax from April 2027, included in the overall estate of the deceased to determine Inheritance Tax liabilities.
Properties valued above £2 million will be subject to a new surcharge from April 2028, with homeowners facing annual charges based on their property value.
Drivers of battery electric cars and plug-in hybrids will be subject to new per-mile taxes from April 2028, impacting their annual costs.
The Help to Save scheme, designed for Universal Credit recipients, will be made permanent from 2028, providing additional incentives for saving.
The freeze on tax thresholds has been extended until April 2031, leading to potential fiscal drag for workers entering higher tax brackets as their income rises.